Plantronics is an electronics company producing audio communications equipment for business and consumers. The Company's headsets are communications tools providing a hands-free connection to communication or entertainment devices, while also allowing freedom of movement for the users. Plantronics uses a variety of technologies to develop high-quality products that meet the needs of the customers, whether for communications or personal entertainment. Its headsets are widely used in applications such as Unified Communications, in contact centers, in the office, and in the home, with mobile devices and Internet telephony, for gaming, and for other specialty applications. Plantronics's major product categories include Enterprise, which includes corded and cordless communication headsets, audio processors, and telephone systems; and Consumer, which includes Bluetooth and corded products for mobile device applications, personal computer and gaming headsets, and specialty products marketed for hearing impaired individuals (through Clarity brand).

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TypePublic
HQSanta Cruz, US
Founded1961
Size (employees)4,003 (est)+4%
Websiteplantronics.com
Plantronics was founded in 1961 and is headquartered in Santa Cruz, US
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Key People/Management at Plantronics

Joe Burton

Joe Burton

President & Chief Executive Officer
Alejandro Bustamante

Alejandro Bustamante

Senior Vice President of Operations
Marilyn Mersereau

Marilyn Mersereau

Senior Vice President, Marketing & Chief Marketing Officer
Pamela Strayer

Pamela Strayer

Senior Vice President & Chief Financial Officer
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Plantronics Office Locations

Plantronics has an office in Santa Cruz
Santa Cruz, US (HQ)
345 Encinal Street
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Plantronics Financials and Metrics

Plantronics Revenue

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Plantronics's revenue was reported to be $856.90 m in FY, 2018 which is a 2.8% decrease from the previous period.
USD

Revenue (Q1, 2019)

221.3m

Gross profit (Q1, 2019)

109.8m

Gross profit margin (Q1, 2019), %

49.6%

Net income (Q1, 2019)

14.5m

EBIT (Q1, 2019)

20.6m

Market capitalization (15-Oct-2018)

2.2b

Closing stock price (15-Oct-2018)

54.8

Cash (30-Jun-2018)

631.0m
Plantronics's current market capitalization is $2.2 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

818.6m865.0m856.9m881.2m856.9m

Revenue growth, %

6%(1%)3%(3%)

Cost of goods sold

392.0m403.4m422.2m439.8m417.8m

Gross profit

426.6m461.6m434.7m441.4m439.1m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q1, 2019

Revenue

194.0m212.7m216.7m215.8m231.8m206.4m215.0m225.7m223.1m216.2m232.9m203.9m221.3m

Cost of goods sold

94.4m102.4m102.0m98.0m111.9m99.0m104.0m116.2m110.0m105.7m122.8m100.6m111.5m

Gross profit

99.6m110.3m114.7m117.8m119.9m107.4m111.0m109.5m113.1m110.4m110.2m103.3m109.8m

Gross profit Margin, %

51%52%53%55%52%52%52%49%51%51%47%51%50%
Annual
USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017FY, 2018

Cash

350.0m277.4m209.3m228.8m232.7m276.9m235.3m302.0m390.7m

Accounts Receivable

138.3m136.6m128.2m141.2m152.9m

Inventories

55.5m68.3m

Current Assets

556.3m602.7m597.0m699.0m899.7m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q1, 2019

Cash

246.0m235.5m235.3m268.2m280.4m475.4m304.8m219.1m227.5m244.5m242.5m290.5m631.0m

Accounts Receivable

123.7m133.4m150.8m140.4m157.3m127.2m139.9m136.4m133.2m136.8m141.3m134.8m161.5m

Inventories

69.2m66.6m61.0m63.6m57.7m55.9m57.8m55.7m53.9m52.7m58.0m57.6m68.1m

Current Assets

577.4m553.1m565.6m592.2m623.0m805.3m659.1m612.4m612.6m639.9m645.6m715.4m930.1m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

112.4m112.3m68.4m82.6m(869.0k)

Depreciation and Amortization

15.6m18.7m20.1m21.0m21.2m

Inventories

1.4m(3.8m)(13.3m)

Accounts Payable

(6.3m)(62.0k)5.4m4.4m2.9m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019

Net Income

23.1m34.4m28.7m27.4m30.4m21.2m17.9m16.3m20.4m20.5m22.2m14.5m

Depreciation and Amortization

5.2m

Accounts Payable

36.8m38.9m33.2m38.4m43.2m39.7m46.8m42.8m40.7m5.7m

Cash From Operating Activities

32.1m
USDY, 2018

Financial Leverage

2.9 x
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Plantronics Operating Metrics

Plantronics's Customers was reported to be 500 in FY, 2017. Plantronics's Backlog was reported to be $18.6m in FY, 2017.
FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Backlog

$24.30 m$23.40 m$18.60 m

Customers

500 500 500 500 500 500

Partners

15.75 k15.75 k15.75 k15.75 k15.75 k15.75 k

Products

16 k16 k16 k16 k16 k16 k
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Plantronics Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
PolycomMarch 29, 2018$2 b

Plantronics Revenue Breakdown

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Plantronics revenue breakdown by business segment: 26.9% from Consumer and 73.1% from Enterprise

Plantronics revenue breakdown by geographic segment: 25.4% from Europe and Africa, 12.3% from Asia Pacific, 56.3% from U.S. and 5.9% from Americas, excluding U.S.

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Plantronics Online and Social Media Presence

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Plantronics News and Updates

Headphone Market 2018 Global Analysis By Key Players – Apple, Plantronics, Sennheiser, Sony, GN Netcom, Samsung, Bose, Philips

WiseGuyReports.Com Publish a New Market Research Report On –“ Headphone Market 2018 Global Analysis By Key Players – Apple, Plantronics, Sennheiser, Sony, GN Netcom, Samsung, Bose, Philips”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Plantronics Announces Quarterly Earnings Release Date

Company to host earnings conference call and webcast November 6, 2018 Company to host earnings conference call and webcast November 6, 2018

US-based Plantronics unveils new line-up of headsets in India

US-based electronics brand Plantronics on Wednesday announced a new line-up of wireless headsets starting at Rs 6,490 in India.

Plantronics BackBeat FIT 2100 Review: Our Favorite Workout Headphones

Plantronics finally updated my platonic ideal of wireless running headphones.

Plantronics Elara 60 Series Mobile phone station that enhances smartphone collaboration

COMING SOON - Plantronics Elara 60 Series is the on-desk solution for enhanced smartphone collaboration designed for the mobile-first professional.read more

Plantronics prasentiert die Elara 60-Serie smarter Mobiltelefonstationen fur Mobile Professionals

Mit integriertem Microsoft Teams-Support erweitert die Elara-Serie das Portfolio an Microsoft-Produktivitätslösungen von Plantronics und Polycom um eine weitere Produktkategorie.read more
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Plantronics Blogs

Plantronics Launches New Headsets Addressing the Challenges of Today’s Open Office

Dateline City: SANTA CRUZ, Calif. Multimedia Savi 8200 Series and Voyager 4200 UC Series help tame distractions and noise in the modern w…

Plantronics präsentiert die Elara 60-Serie smarter Mobiltelefonstationen für Mobile Professionals

Dateline City: Koln Mit integriertem Microsoft Teams-Support erweitert die Elara-Serie das Portfolio an Microsoft-Produktivitätslösungen von Plantronics und Polycom um eine weitere Produktkategorie…

PLANTRONICS INTRODUCES ELARA, A NEW PHONE STATION FOR MOBILE-FIRST WORKERS

Dateline City: SANTA CRUZ, Calif. Multimedia All Other Multimedia: Elara_60series_Teams_Conference_Call_screen_rgb_9.24.18.jpg (172.37 KB) …

PLANTRONICS LAUNCHES NEW AUDIO EXPERIENCES TO LET RUNNERS, TRAVELERS AND GAMERS HEAR WHAT TRULY MATTERS

Dateline City: SANTA CRUZ, Calif. Multimedia The Company’s Biggest Consumer Launch Includes the Wireless BackBeat FIT 3100 for Active Ent…

Polycom Announces New Open SIP Phones and Supporting Cloud Service to Meet the Needs of Modern Telephony

Dateline City: SANTA CRUZ, Calif. Company’s updated VVX Series Business SIP Phones provide robust features at great value, along with the new cloud-based tool for service providers to deploy and ma…

Backstage pass with Voyager 6200 UC: Behind the design of the most versatile enterprise headset

Have you ever wondered how the industrial design team at Plantronics goes from concept to creation? Jennifer Kehoe, Plantronics’ global product marketing manager sat down with John Kelley, Plantronics’ principal industrial designer, for a behind the scenes, first-look, at the creation of the Voyager…
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Plantronics Company Life and Culture

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